ClauseMatch raises £1.25m in seed round

ClauseMatch announced it raised a total of £1.25m in the official seed round. The latest investment was received from an Austria-based early-stage venture capital fund Speedinvest. ClauseMatch plans to use this sum for scaling its disruptive product globally in the RegTech space.

ClauseMatch in the Top 10 Regtech companies selected by Dow Jones Financial News

Financial News London (Dow Jones) recently polled 25 industry experts for the firms which are most likely to rise above the competition in the Regtech space. ClauseMatch is placed among the leading three Regtechs by the independent advisers, investors and researchers. And here is our overview of this list.

ClauseMatch, a document workflow and collaboration platform that is designed to boost efficiency and reduce compliance risks, announces it is working with Barclays following its time on the Barclays Accelerator programme.

LONDON, March 29, 2017 – ClauseMatch, an award-winning financial technology company that provides software-as-a-service platform for smart document management, today announced the launch and global availability of its innovative online editor. London-based ClauseMatch, a successful 2014 graduate of the inaugural Barclays Accelerator programme, shall be working with Barclays to enable the bank to manage policies and standards in one place at a global level.

ClauseMatch and JWG pioneer new joint solution for regulatory reporting

London. NOVEMBER 15 – ClauseMatch and JWG develop a combined solution which ‘unlocks’ regulatory changes and helps with implementation of regulation for global firms following 36 hours of intensive brainstorming battle during FCA TechSprint. The new platform solves current issues of compliance process that financial regulators and firms face.

The panel of judges, consisting of cross-industry experts in the industry, at the hackathon was impressed with the flexibility and readiness of the solution. It came as a result of integration of ClauseMatch API-driven content platform that global banks use to manage internal policy documentation and JWG RegDelta regulatory change management platform to provide full transparency of the affect that regulation has on internal policies and processes. The newly developed RegTech solution will help incumbent and challenger banks manage their policies and cope with frequent regulatory changes.

Do you want your users to fall in love with documents?

Testing software is about evaluating the capability of a system and determining whether it meets the required results. But that’s not all that it’s about, particularly when it comes to systems designed to disrupt the traditional way that industries work with documents.

To get closer to the point, I’m going to share a few words about the product that I’m testing. It is an online editing tool which is designed to meet specific needs of large enterprises with an extensive document workflow and complex business logic. It is in demand primarily by financial institutions, such as banks, that face policy management and compliance challenges, but also by law firms, insurance companies, municipalities – or rather, any enterprise where there is a need for an innovative solution to rid document workflow processes of dated practices. The platform helps to eliminate the tiresome and costly burden of extensive document versions and trails. This is achieved by users working simultaneously on the same document on a platform with smart functionality and adjustable features.